GAC Group invests 312 million euros to setting up electric drive subsidiary
The GAC Group will create a subsidiary that will make the electric drive system. To that end, the company has invested 312 million euros which will be used to build a production line with an annual capacity of 400,000 integrated electric drive systems by 2025. The subsidiary is a joint venture between GAC Group (23 … Continue reading GAC Group invests 312 million euros to setting up electric drive subsidiary
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